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Basic Question 3 of 7

Examine the following scatter plot. Any violated assumption(s) of the simple linear regression model?

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User Contributed Comments 1

User Comment
pandsisd Can someone please explain the answer here ?
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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

explain the assumptions underlying the simple linear regression model, and describe how residuals and residual plots indicate if these assumptions may have been violated

CFA® 2024 Level I Curriculum, Volume 1, Module 10.